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importantly he told aids he considered mr. morsi a straight shooter. your reaction? >> if in fact the new york times report is correct it shows this is simple. it shows blindness on the part of the president that he doesn't understand what motivates morsi, doesn't understand that basic ideology, it shows he does not understand the muslim brotherhood's objectives. with that kind of blindness as i think he demonstrated in other foreign policy areas it is very difficult in fact impossible to formulate effective american policy. it is a bad, bad sign for the u.s. and the middle east in the weeks and months ahead. >> just live with moresy and the muslim brotherhood no matter what they do? >>> i would like to know in all of these they have with president morsi what was it that gave morsi the view that he would have a freehand to try this particular gamut that he announced on our thanksgiving of all days to essentially side line the political opposition. it generated a lot of opposition. he may not be able to succeed on all of it do you think he sees it as a reward for brokering the truce. >> he feel
think mr. morsi for his efforts in brokering a cease-fire, which is fragile, but this is not acceptable. this is not what the united states of america taxpayers expect and our dollars will be directly related to the progress towards democracy, which you promised the people of egypt when your party and you were elected president. >> that was senator john mccain saying while the egyptian president's efforts in the israeli palestinian conflict are to be applauded, it's time for president obama to condemn him. early today i sat down with chris wallace for the inside scoop on his interview with the senator. >> as things heat up you had senator john mccain with you today to talk about mohammed morsi power grab. >> he's concerned. does the old saying it's not the first election, it's the second election. once people get into power, do they continue the democratic system or grab all the power. he's concerned it this could be a islamist coo. you have one who won in title election and issued decrease that give him unchecked power. now you have some of the same people, the young literal protesters
-fire between hamas and israel. >> we thank mr. morsi for his efforts in brokering a cease-fire which is incredibly fragile but this is not acceptable. this is not what the united states of american and taxpayers expect. our dollars will be directly related to the progress toward democracy. >>reporter: the government today emphasized the president's powers are temporary and are designed to hold members of the previous regime accountable for corruption and crime but 19 -- not many in washington are convinced. >> we have to be a little cautious about saying we are just going to go in there and bully them into doing the right thing. that is why diplomacy is important the way we do it is important. we have to try to influence behind-the-scenes. >>reporter: the egyptians storm took a dive amid turmoil dropping ten points on the first day of trading after the announcement. >>gregg: thank you, steve, from washington, dc. new developments threatening to unravel the cease-fire between israel and hamas with israel reporting spotting an iranian ship loaded with rockets for gaza which would end t
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